In this week’s installment of the C3.ai Digital Transformation Institute Colloquium on Digital Transformation Science webinar Moshe Y. Vardi from Rice University will present “Lessons from COVID-19: Efficiency vs. Resilience” on Thursday, August 20 at 3:00 p.m. via Zoom. Registration is required to attend this webinar.
Abstract: In both computer science and economics, efficiency is a cherished property. In computer science, the field of algorithms is almost solely focused on their efficiency. In economics, the main advantage of the free market is that it promises “economic efficiency.” A major lesson from COVID-19 is that both fields have over-emphasized efficiency and under-emphasized resilience. Professor Vardi argues that resilience is a more important property than efficiency and discusses how the two fields can broaden their focus to make resilience a primary consideration. He will include a technical example, showing how we can shift the focus in formal reasoning from efficiency to resilience.
The Colloquium on Digital Transformation is a series of weekly online talks on how artificial intelligence, machine learning, and big data can lead to scientific breakthroughs with large-scale societal benefit. The summer/fall series focuses on COVID-19 mitigation research. See details of upcoming talks.
